Nvidia is caught in the middle of an escalating trade war between the world’s two largest economies. Nvidia on Tuesday said it will take a $5.5 billion financial hit after Washington placed fresh restrictions on the export of its H20 artificial intelligence chips to China,

China's economy grew by 5.4% in the first quarter year-on-year as a tit-for-tat trade war with US President Donald Trump escalates China's economy grew by 5.4% year-on-year in the first three months of the 2025, according to data just released by the government.

President Trump released a new statement on China saying that the country needs to come to the U.S. to make a trade deal to lower the tariffs the U.S. has levied against China, because the country needs U.